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need liken fraught structure. we think that's what is good for the economy. if they have different suggestions and want to go further in some areas, they should lay it out to us. >> you say they are in a hard spot, what do you mean? >> they are trying to figure out how to find a way to support things that they know they are going to have to do that will be very hard for them. you've heard them for the first time in two decades now acknowledge that they are willing to have revenues go up as part of the balanced plan. that's a it good first step but they have to tell us what they are willing to do on rates and revenues. and they have to tell us on the spending side if they want to go beyond where we are or do it differently and they have to tell us what makes sense to them. what we can't do, chris; try to figure out what works for them. >> the president campaigned for re-election on the idea of a, quote, balanced approach, end quote, to deficit reduction. a mixture of tax increases and spending cuts. here's the plan that the republicans say you presented to them this week. >> i can t
referred to things that will help make the economy stronger in the short-term and let me explain why we proposed that. what we are suggesting is that we work to rebuild the country's infrastructure, rather than putting it off, doesn't say just to put it off and extend unemployment insurance benefits and help make it easier for americans to refinance mortgages and, tax incentives for business investment and proposed how to do that in a fiscally responsible way we can afford to pay for and matched those proposals, with spending savings that, together as part of the plan, get us down to the point where we stabilize our debt and that is the critical test. >> chris: let me drill down into the spending part of the equation, here they're increases, spending increase as you are proposing. $150 billion, in stimulus, public works projects over several years. a $30 billion extension of unemployment insurance, for one year. extension of payroll tax cuts, mortgage relief, deferral, of automatic cuts for doctors and medicare. here are the spending cuts. unspecified savings from nonentitlement program
over the last four years, there is progress in some key sectors of our economy. we've seen housing finally begin to bounce back for the first time, and that obviously has an enormous ripple affect throughout the economy. consumer confidence is as high as it's been. many of you over the last two, three years have experienced record profits or near record profits and have a lot of money where you're prepared to invest in plants, and equipment, and hire folks. obviously globally the economy is still soft. europe is going to be in the doldrums for quite some time. asia is not charging forward and some of the emerging markets are not charging forward as quickly as they were maybe a few years ago. but i think what all of you recognize and many of you have told me is that everybody is looking to america, because they understand that if we're able to put forward a long-term agenda for growth and prosperity that is broad based here in the united states, that confidence will not just increase here in the united states, it will increase globe balance leave. globally and i think we can get the
or programming computers or designing aircraft, we have needs across all sectors of our economy. not -- yes, in stem, but not just in stem. so we are asked to choose. asked to choose between people with graduate degree who we want to keep here in science, technology, engineering, and math. in many cases, if they're not allowed to stay, they will have to return to other countries and the jobs will follow them, costing our country jobs. choose between them and allowing people here from countries other than mexico, india, and china. some of whom are high skilled, some of whom are low skilled, divorce group across the board and looking back at many of our own forebears, certainly mine mitigating circumstance family came to this country in the late 19th century and early 20th century, 1890's, 1905. they didn't have master's degrees they zrntpampede's they didn't have college degrees. and that's the case for many of our forebears. and here today their great grandson sits as a member of congress. and had a program then existed whereby they could arrive nellliss island and be here, i wouldn't be he
where substantively republicans believe in things and think certain things are better for the economy and the country, they will be in a weaker position to achieve any of those things. but they have to take into the consideration the idea that everybody's taxes will go up january 1st if there is no deal. it is not going to be all on the president's shoulders. in fact most of might be on theirs temporarily and for good. they have to decide what is the better position. and you know, will the president and the democrats offer them something that they really should take, significant spending cuts? some kind of significant entitlement reform? those are kind of things republicans have been after for a long time. even though there would be grumbling about tax increases on certain income level, that is something they could take home and really savor. this depends where it goes, the brinkmanship continues. david drucker from "roll call." thank you. >> thanks a lot. jenna: well now we turnover seas where we have some new information today on what some say could really be a turning point in the
small economy to the second largest in the world. and 3, primacy of the party with its 80 million members and 3000 outposts in the world. now you have xi jinping rising to power. he has been given the party mantle and soon the military and the presidency. before him will be new questions much different from the ones that deng xiaoping was responsible for acting upon. before xi jinping will be questions like, is china more repressive at home today than in earlier years. is china more nationalistic in its economic practices, but jiggly those among the enterprises? has china become more assertive internationally? i would argue east of these questions carried fairly profound rule of law implications. as xi jinping rises to take the top position in china and wrestles with new challenges and attempts to answer any questions, i would argue that many of them are based in basic rule of law doctorate -- doctrine. the most important steps ahead for china will be around bolstering the rule of law. the implications are profound for expanding civil society, for human rights, for addressing the
and congress have just one month to prevent tax hikes and spending cuts that really could send the economy according to some right back into a recession. we are glad you are with us on this friday, everybody, i'm jenna lee. jon: i'm jon scott. president obama offering his opening bid to avoid the fiscal cliff but it's not going over well at all with republicans. house speaker john boehner saying no progress has been made in negotiations. mike emanuel is live on capitol hill now. what are the republican complaints, mike, and how are they pushing back at the president? >> reporter: senator john john cornyn who is a member of the rupp leadership says he thinks president obama wants to go over the fiscal cliff by proposing higher taxes, no spending cuts and no plans to save entitlements. with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put out a video profiling a small business nearby in pennsylvania that would get hurt by a tax hike. >> i'm jerry gorsky from an engineering company. however good or bad we do is my income. this notion of $250,
the story out there. climate change is happening. we immediately have to start transforming our economy to renewable energy. that's totally duible. we can run everything we have right now off existing technology from the wind and the sun and renewable energy. the second thing, it's an incredible economic benefit and economic engine to this area. there are community centers out on the rockaways that have power because greenpeace pulled up with a solar array on the back of a truck and that distributed generated energy helps people. >> eliot: it is unfortunately an event to drive home the reality of what you can do at a moment of distress when you need to find alternative energy sources. you've done that. i want to pivot a little bit. the occupy movement has morphed into something different. it's changed it's imagery and providing real services to real people. is that going to be a continueing transformation? is this a new cause for occupy. >> one would argue that they were a disaster organization when they were dealing with the wall street disaster. but this is a new form of politics and
't know, feeling better and so much of this is about how we feel about the economy. >> oh, yeah. that's right. investors may not like it, but consumers love it. their confidence, the highest level in many, many months. still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers expect more jobs in the next six months and that would be a cause for much optimism. >> shepard: yes, it would. the fears about europe's debt crisis clearly eased a bit 'cause there is another deal to provide aid to greece. >> more money for greece, $57 billion. it took three weeks to come to this conclusion for european and global leaders to say hey, we'll give you the money. it will come in four installments and if they didn't get this, they would be in bankruptcy. as you know, that would be bad for the entire e.u. that country, greece, has an unemployment rate of 25%. 25. >> shepard: big number. >> it's a very big numbe
$2200. we can't let that happen. our families can't afford it and neither can our economy. >> but republicans say the president should quit his campaign mode and come home and take care of business. the latest round of political maneuvering involves pressure from democrats to schedule a vote on the senate plan to extend middle class cuts. but republicans say let's see spending cuts first. >> we need to hear they are willing to make spending cuts now. not promises in the future . the tidal waves comingalt us is social security and medicare and of course, the new health care law of the presidents which is unaffordable and unworkable. >> nancy peel peel calling on speaker boehner to bring it to the floor or she will launch a move to force a vote. boehner is not likely to buckle and pelosi's maneuvering will not do much either. speaker boehner said we are at a stalemate. pat buchanan is joining us in the studio. >> thank you. >> i am glad to have you here. do you think that the president wants to have any real negotiation or is it a show to say if republicans stand up to him,
cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more than it took in 2010, for the first time in nearly 30 years and that its trustees now estimate that it w
that exploded in the open. saying that it reads like a democratic wish-list and could plunge the economy back into recession. oh joy. welcome here. i'm bill hemmer. live in "america's newsroom.". martha: good morning, bill. bill: we'll find the silver lining in this, aren't we? martha: we are. bill: that is our quest. martha: i'm martha maccallum. here are the basics when they put forth through tim geithner yesterday from the president. 1.6 trillion in new taxes. that is the opening part of the deal. 50 billion in new stimulus spending. we already had a lot of backlash in stimulus in previous packages. this is interesting element here. new executive power to raise the debt limit. that is what caused so many of these discussions because they bump up against the debt limit and not be able to go back this. there is executive power plea to be able to do that without going back to confess. republicans are saying where is the balance? where is the spending cut side of the equation. the president said he wanted it to be a balanced deal. watch. melissa: so right now all eyes are on the white house. t
economy that need to be invested in our economy to put the american people back to work. it's the wrong approach. we're willing to put revenues on the table, closing loopholes and not raising rates. we think it's better for the economy, pure and simple. >> and just now, hitting the jackpot. the small town missouri couple who have had more than their share of hard times win the powerball and with the great american generous spirit are taking it in stride. >> our main concern is our family and, of course, and we have a very large family and then next is our charities we'll be giving to. yeah. it's like how much does a person need? >> and is this man who went to a maryland gas station the other big winner? he looked excited but there is no proof it's for real. while in new york, at the united nations a different kind of history is made. >> 138. >> palestinians celebrate after the united nations general assembly votes overwhelmingly for nonmember status des price strong u.s. and israeli opposition, palestinian authority prime minister sa lem fay yesterday is here with us to react today. goo
house speaker john boehner says the latest proposal from the white house would cripple the economy. the plan calls for a boost in revenue by $1.6 trillion over the next decade. >> they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean it's, it's -- not a serious proposal. so right now we're almost nowhere. >> >> mike viqueira joins us live from the white house. where is almost nowhere? >> it's inside the beltway and it's business as usual. it's also december 1st, alex, and we have exactly one month now to avert the fiscal cliff and avert what everybody agrees would be economic catastrophe. of course that combination of $500 billion, a half a trillion dollars in extra taxes for americans, about $2200 just next year alone for the average family. $100 billion in spending cuts, automatic spending cuts, part of that sequester, from the deal that we went through last year that we took right up to the last minute. so, there are two things that are clear here after the president's proffer, one the president and the white house feel as t
which we do to grow the economy, in infrastructure and innovation and making sure america is always on the cutting-edge of new entrepreneurship, the fact is that we want to do that, the president has put that forward, the election does make a difference, the president is absolutely strong about this. look i was just with him on friday. he came to my district. was at a business. they are showing some of that video right now. local business in my district that was a toy manufacturer and what they said to the president, what they said to me is we, we make more toys when there's consumer demand. let's make sure that middle class americans have dollars in their pockets, they continue to have confidence as consumers or grow that confidence and that our businesses, large and small respond to that, that they begin to see so stability. this is time when we're calling on speaker boehner to work with the president, to work with democrats in congress, and to get done what we have to get done, the american people, middle class and businesses, let's create that stability and confidence that this
quite good. it indicates that the economy in china is expanding again. that means that german companies can hope for new orders from china again, and the markets here can hope for new chinese money to be invested soon into german assets. >> let's take a quick look at some market numbers. the dax ended the day almost 1/2 of 1% up. the euro stoxx 50 closed up at 2582. the dow jones is currently going down about 1/4 of 1%. the euro is trading $1.3660. we turn our attention to syria, where the human cost of the civil war is not limited to loss and destruction inside the country. some half a million summer -- syrians are refugees in neighboring countries. >> for those studying abroad in europe, the anxiety about the safety of their loved ones can beat all consuming -- can be all-consuming. >> this man is torn between remaining where he is and returning to war-ravaged syria. he has been studying medicine in germany for five years and is now doing his residency. he is having trouble concentrating on his professional career. his family can no longer support him financially. that means he spends
in the village of swipock. the main economy here, child prostitution. tragically pedophiles from around the world arrive daily to take advantage. >> but what are you going to do when you're done with your coffee? >> reporter: but the pink room is showing how agape international is helping girls who are rescued. they wanted to tell their stories. >> we focused on hope, and we focused on restoration. it's not about just talking about how bad the problem is and everything, but it really sets itself apart because it is about solutions and it is about hope. people are crying tears of joy, rather than tears of depression and frustration. >> reporter: "the pink room" shows how the agape administration rebuilds young lives. after watching her brothers and sisters go hungry, she decided at age 14 to enter a brothel. she quickly found herself trapped in torture and bondage, but when she arrived at the agape home, she found a new world, beginning with a princess ceremony. >> they hear from their costumers, i love you, and they're like, yeah, i've heard that before. but then they start believing it, and livi
will be on the economy. just to be clear -- >> it's about getting real about where we are and what's going on here. not deluding yourself about that. >> i agree. but we shouldn't get deluded about things like the impact it's going to have on december spending, too, karen. remember we're talking about 2013 taxes, not 2012 taxes. but if americans are taking out loans based on what their tax return is going to be in april maybe we should be talking about financial literacy and not about how budgeting works. >> we can but i'm just trying to tell you realistically that's how people are living their lives in the united states of america in the 21st century. so we need to be real about how people are living their lives. >> you know what, one thing i do want to talk about, i'll begin with you tony on this. i'm sure you saw that photo making the rounds this week of house committee chairmen? what is that all about. they're all white males. speaker boehner now said he was indeed appointing a female chair congresswoman, candice miller. this committee is in charge of things like the house cafeteria, expense ac
, and we think they should go back to the clinton levels, at a time when the american economy was to be exceptionally well, then there will not be an agreement. >> joining me, former pennsylvania governor and nbc news political analyst, ed rendell and the co-chair of the campaign to fix the debt here in new york, republican strategist, susan purcell. good afternoon to both of you. governor we'll start with you, both sides seem to be standing firm over what they want out of the fiscal cliff deal this morning. this is what house speaker john boehner said about the state of the negotiations. take a listen. >> i think they're -- they won the election, they must have forgotten the republicans continue to hold the majority in the house. but you know, the president's idea of a negotiation is -- roll over and do what i ask. we need to find common ground and we need to find it quickly. >> governor, are they going to be able to find that common ground quickly? >> yeah, i think they are. you know i have to laugh. in the first term, the president was criticized by his base for giving in t
during this month. but now, investors are scared a plunge over the cliff could send the economy falling back into recession. those worries sent stocks falling. the s & p down two straight weeks after the election, even though it has made up four of the 5.3% loss, whenever there was a glimmer of a hope of a deal, headed up. and the fallout from the fiscal cliff could put even more pressure on unemployed americans, or those just trying to keep up with house payments. except more ups and downs for your investments ahead, but not so much because of big numbers out this week, among them, an important reading on manufacturing tomorrow, and then, what is often the biggest market mover of any month, the jobs report. november's release before the bell on friday. the cliff will likely overshadow even that. and with tax increases looming on capital gains and dividends, investors may start selling before the end of the year to get the better deal if there is no deal. that means, december may not live up to its history of heading higher and leave many questions about what the new year will mean for
ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: house republicans today offered their counter- offer to the president's plan for a deal both sides say is needed to avoid year-end tax increases. the move was the latest volley in an increasingly tense face- off between the two branches of government. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance
. i travel the world working to help people everywhere take part in the global economy, and we never lose sight of the fact that iranians deserve this no less than any other people. america's goal is to change the iranian leadership's calculus. we have worked with the p-5 plus 1 to put a credible offer on the table. if there is a viable diplomatic deal to be had, we will pursue it. and should iran finally be ready to engage in serious negotiations, we are ready. when iran is prepared to take confidence-building measures that are verifiable, we are prepared to reciprocate. what we will not do is talk indefinitely. the window for negotiation will not stay open forever. president obama has made that clear, and by now i think it should be clear this is a president who does not bluff. he says what he means, and he means what he says. the second shared goal i want to discuss is this -- now that rocket fire from gaza has stopped, america and israel have to work together with partners in the region to turn the ceasefire into a lasting calm. now, we have no illusions about those who launched
like the economy really moving again too, and now can you see it reflected many some of the moves these big companies are making. what is happening is that they're being forced to streamline to keep things operating as tightly as possible. it will cut 99,000 jobs arnold the world, and this is a global layoff, and they're doing this in an effort to save about $1 billion. michael corbitt says these actions are logical next steps in citi's transformation. suzanne, to remind our viewers, the bank has struggled more than some of its rivals after the financial crisis. now, i also want to update you on what's happening with lockheed martin. lockheed marten is relocating hundreds of jobs from georgia to texas. employees who work on the company's f-22s will have the option to move from marietta to fort worth by the end of march. if they choose not to, they'll either be reassigned or laid off. you're going to hear similar situations at other companies too, and these moves are one of the more unfortunate aspects of an economy that's really having trouble rebounding, suzanne. >> explain to us
. >> this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaigns that have leaks in the press are not a way to get things done in washington. >>reporter: other top republicans express frustration saying they had seven weeks to work it out they feel like fiscal cliff are now gone. >>shepard: are we supposed to believe all the sources who tell us that there is real progress behind-the-scenes or not? >>reporter: depends who you listen to. the republican leader in the united states senate, mcconnell said geithner's visit was a step backward. sources say he was talking about raising taxes $1.6 trillion and they say that is not reality. that is not going to pass the senate or the house >>shepard: the syrian government that is killing its people by the tens of thousands has shut down the internet across the country according to two u.s. based internet monitoring companies. activists confirm the blackout to the associated press and the syrian government claims we didn't do it, no, the terrorists shut down the intent. fighting an the m
below the 4.5 to 5.5 predicted for holiday season. the economy grew at 2.7% in the third quarter better than the figure announced. the dow was up 37. the s&p 500 gained six. nasdaq finished ahead 20. syrian rebels struck a major blow in the heart of the government today killing a top ruling of the party in a car bombing and someone is cutting off internet and cell phone communication in syria in certain areas. both sides pointing fingers at the others. all of this as decision-maker in washington try to make a decision on how involved the u.s. should be. we get the latest tonight from correspondent connor powell in jerusalem. hello, connor. >> forces loyal to bashar assad show a city of aleppo while rebels filed mortars at the damascus international airport causing damage to the runway to force several airlines to cancel their flight. >> the assad regime air superior over the syrian rebels appears to be disappea disappearing. in the past 24 hours they shut down two helicopters. rebels used the antiaircraft guns to shoot down the helicopters in the past. but now they have access to more s
and social security from bankruptcy. it raises $1.6 trillion on job creators that will destroy the economy and there are no spending criminals. >>reporter: the president now is demanding twice as much new tax revenue as he talked about in the campaign. >>shepard: thank you from the north lawn. kid would play contact sports could be damaging their brain before they get to college. there is a brand new study that shows how much damage a few hits to the head can do to a person and what it means for that person's long term health. that is next. and the story of the explosives, millions of pounds of explosives in a small town in louisiana, which is the real life home to the fictional town from "true blood." hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligatio
a significantly negative impact on the economy but we're not backing one particular plan or the other. >> let's take you overseas to syria where rebels have been gaining ground against government forces. rebels trapped 450 soldiers in side a sprawling military base. arwa damon has this exclusive look at the siege. >> reporter: close to aleppo rebels have a strange hold on a sprawling military base. there's a red gate next to a stonewall and then right behind it is the wall that is the outer perimeter of the military academy. it's less than 100 meters away, some 330 feet. we quickly move to another vantage point in a building next door. commanding the lions of aleppo battalion. it's clashes, he says, nonchalantly. he used to be a tailor. since the uprising began he's been wounded four times, and detained three. the rebels don't have binoculars. so he uses a camera to zoom into the base and show us government positions. you can see a sandbag fighting position on the roof of one of the buildings inside. fighting has been fierce but the rebels are confident they have the upper hand. he uses a poo
. >> shepard: vice president biden did his part for the economy today. he went shopping? >> yeah a new cosco here in washington, d.c. opened up today. big crowd in the parking lot. vice president's motorcade showed up. he actually bought a big screen tv as well as a apple pie. what could be more american than that. he went on to is a say he is feeling good and optimistic about a deal. take a listen. >> i am. i am. all these folks in this store, man, going to make a difference. >> more important than shopping trip will be what actually happens between the president and speaker boehner. we're told they had a phone call last night. initial report suggested it was tense. white house saying they made some progress. we will see. shep? >> shepard: ed henry at the white house tonight. thanks very much. we are learning a bit more about the winning power ball tickets from last night's record jackpot. we don't yet know who the big winners are. but we do know what one guy plans to do with his-million-dollar second prize. turns out it involves dinner at red lobster. that's ahead. plus former president ge
this deal now or that's the end. the economy goes back into recession. it's almost as if they can't strike a deal before you get to the very end, which is understandable. the problem is when you play this game, you can make a terrible mistake, and you know, they're gambling with the whole country here right now. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. you've watched me over the last three weeks. i have been guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> all right, so common ground. the white house is focused on having high earners, the rich, pay higher taxes and get fewing deductions. if that happens, the middle class comes out ahead. so why is there so much push-back by the republicans? >> the proposal the white house came up with is one t
to the financial pressures caused by a whole bunch of things, ranging from the internet to a tough economy. now, this is kind of a blip compared to what some newspapers, including my former paper "the washington post" have gone through, cutting hundreds and thousands of employees through buy-outs and layoffs, other methods of trimming the payroll. 30 voluntary buy-outs is nott that much. given the time to keeping that news rm big, it shows that even if you are in new york and you are a big national newspaper, you cannot be immune to the tough times facing the print business right now. >> hey, howie, thank you. love your show. >> thank you so much. talk to you again. >> howie kurtz joining us live on a number of topics. >>> also, secretary of state hillary clinton has a message, and it's for syria. use chemical weapons against your own people, and the united states will take action. what does that mean? we'll talk about it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues w
to continue using techniques honed in the grand bazaar like bartering to keep its economy alive. ivan watson, cnn, istanbul. >>> just about everything in the u.s. military is regimened and tightly controlled. after the david petraeus scandal and other u.s. generals, does the u.s. military need more than just a review of the rules? let's go to our pentagon correspondent barbara starr. what's going on? >> you know, wolf, with so many officers misbehaving these days, in fact it could come to just that. pentagon investigators have zeroed in now on specific potentially inappropriate e-mails general john allen, the commander of the afghanistan war wrote to jill kelley. she's the socialite who gave her e-mails to the fbi, some that turned out to be from cia director david petraeus' mistress. allen, whose nomination to be military chief of nato is on hold, faces uncertainty. no one knows what the investigation will recommend. high profile problems with some of america's most senior military officers now a matter for the white house. this week president obama is to receive an initial report from the
Search Results 0 to 40 of about 41 (some duplicates have been removed)